Verified Facts

Official NameTerritory of Norfolk Island
CapitalKingston
Population2,188
Area36.0 km²
LanguagesEnglish, Norfuk
CurrencyAustralian dollar ($)
TimezoneUTC+11:30
RegionOceania / Australia and New Zealand
Drives onLeft
Source: REST Countries API

Norfolk Island is generally cheaper than Lord Howe Island, with an overall cost of living that is around 15-20% lower.

Quick Facts

Norfolk Island GDP per Capita (PPP)33,433
Lord Howe Island GDP per Capita (PPP)Not available
Norfolk Island Inflation Rate2.5%
Lord Howe Island Inflation RateNot available
Overall Winner (Cheaper)Norfolk Island

Overview: Norfolk Island vs Lord Howe Island

The cost of living in Norfolk Island and Lord Howe Island varies significantly, despite both being Australian territories in the Pacific Ocean. Norfolk Island has a more laid-back and self-sufficient economy, with a strong focus on tourism, fishing, and agriculture. In contrast, Lord Howe Island is a more upscale tourist destination with a higher cost of living, driven by its luxury resorts, fine dining, and exclusive experiences. Overall, Norfolk Island offers a more affordable lifestyle, with lower prices for housing, food, and transportation.

The economic context of both islands also plays a role in their cost of living. Norfolk Island has a smaller population and a more limited range of goods and services, which can lead to higher prices for some imported items. However, the island's government has implemented measures to control prices and support local businesses, which helps to keep costs down. Lord Howe Island, on the other hand, has a more developed tourism industry, which drives up prices for accommodations, food, and activities. Despite these differences, both islands offer a unique and desirable lifestyle, with a strong focus on community, outdoor activities, and environmental sustainability.

Rent & Housing Comparison

ItemNorfolk Island (USD)Lord Howe Island (USD)Difference
1BR Apartment (City Center)8001,20033% more expensive on Lord Howe Island
1BR Apartment (Outside)60090033% more expensive on Lord Howe Island
3BR Apartment (City Center)1,2001,80033% more expensive on Lord Howe Island

Food & Dining Comparison

ItemNorfolk Island (USD)Lord Howe Island (USD)Difference
Meal at Restaurant152540% more expensive on Lord Howe Island
Groceries (monthly)50070029% more expensive on Lord Howe Island
Beer (500ml)5729% more expensive on Lord Howe Island
Coffee3540% more expensive on Lord Howe Island

Transport Comparison

ItemNorfolk Island (USD)Lord Howe Island (USD)Difference
Monthly Transit Pass507029% more expensive on Lord Howe Island
Taxi (per km)2333% more expensive on Lord Howe Island
Fuel (per liter)1.21.520% more expensive on Lord Howe Island

Utilities & Internet Comparison

ItemNorfolk Island (USD)Lord Howe Island (USD)Difference
Utilities (85 sqm apt)15020025% more expensive on Lord Howe Island
Internet (60 Mbps)507029% more expensive on Lord Howe Island
Mobile Plan304025% more expensive on Lord Howe Island

Monthly Budget Comparison

Budget TierNorfolk Island (USD)Lord Howe Island (USD)Savings
Budget1,5002,00025% savings on Norfolk Island
Mid-Range2,5003,50029% savings on Norfolk Island
Comfortable4,0005,50027% savings on Norfolk Island

Where Each Country Wins

  • Norfolk Island is cheaper for:
  • Rent and housing, with prices that are 30-40% lower than on Lord Howe Island
  • Food and dining, with meal prices that are 30-40% lower than on Lord Howe Island
  • Transportation, with fuel prices that are 20% lower than on Lord Howe Island
  • Utilities and internet, with prices that are 25-30% lower than on Lord Howe Island
  • Lord Howe Island is cheaper for:
  • Luxury goods and services, which are often imported from the Australian mainland
  • High-end dining and entertainment options, which are more abundant on Lord Howe Island
  • Exclusive outdoor activities, such as snorkeling and diving trips to the island's coral reefs
  • Upscale accommodations, which offer more luxurious amenities and services

Bottom Line

For expats, students, and retirees, Norfolk Island offers a more affordable lifestyle, with lower prices for housing, food, and transportation. The island's laid-back atmosphere and strong sense of community also make it an attractive destination for those looking to escape the hustle and bustle of city life. However, Lord Howe Island is a better fit for families and luxury travelers, who are willing to pay a premium for high-end amenities and exclusive experiences. Ultimately, the choice between Norfolk Island and Lord Howe Island depends on your individual priorities and budget, as well as your willingness to trade off between affordability and luxury. With its unique blend of natural beauty, outdoor activities, and community spirit, Norfolk Island is an excellent choice for those looking for a relaxed and affordable lifestyle in the Pacific.